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Growing Towards Sustainability: Advancing Agricultural Practices in the UAE

Hydrofarms, Plant-based Meat & Blueberries grown in the Desert The National Food Security Strategy 2051 of the United Arab Emirates (UAE) was launched in November 2018 by the Emirates Council for Food Security (ECFS) to promote domestic food security. It aims to increase national self-sufficiency and efficiency of food production in order to reduce dependence

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The New UAE Corporate Tax Law

On 9 December 2022, Federal Decree-Law No. 47 of 2022 was issued on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). While we expect that other taxes and higher rates will follow in the future, at least for the time being, the UAE will maintain the greater part of its tax-free regime, including

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Trademark Registration in the UAE

A brand is an invaluable asset. Companies usually invest a lot of time and money in the design, development and maintenance of a brand. If an entrepreneur uses a logo for his goods and services in the UAE, this logo should be registered as a trademark in the UAE or internationally. Otherwise, an entrepreneur has

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Ras Al Khaimah: Tourism and Real Estate Investment Destination

Ras Al Khaimah is quickly becoming a top destination for savvy investors from around the world. From luxury resorts and high-end residential properties to adventurous outdoor activities and historical landmarks, there’s something for everyone in Ras Al Khaimah. So why should you consider investing in this up-and-coming destination? Let us find out the many reasons

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UAE Mars 2117 Project: Towards the First Human Settlement on Mars

Move over Hollywood, the UAE’s Mars 2117 project is bringing to life a real-life space odyssey that is set to rival even the most epic sci-fi blockbusters. The Mars 2117 Project is a UAE initiative with the goal of establishing the first habitable human settlement on Mars by 2117. To this end, the project aims

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UAE Economic Outlook for 2023: Strong and Steady

Overview The United Arab Emirates is a federation of seven emirates and is one of the world’s most stable and prosperous economies. It has achieved significant economic growth over the past decade, making it a hub for international trade, finance, and investment. In 2023, the UAE is expected to remain one of the strongest economies

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Business banking in the UAE

Opening a business bank account is one of the most important tasks in starting a business in the UAE. In the Emirates, you can open a bank account for mainland, free zone, or offshore companies. For corporates as well as individuals and private sector businesses, having a UAE bank account offers numerous benefits. With a

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An overview of the UAE’s Wages Protection System

Since 2009, the United Arab Emirate’s Wages Protection System (Ministerial Decree No. 788 of 2009) has been an important part of the country’s labor system. A Wages Protection System (WPS) refers to electronic pay transfers that allow employees to receive their wages electronically through authorized banks, bureaux de change, and financial institutions. The United Arab

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Growing Investor Optimism in the United Arab Emirates

The United Arab Emirates is a major economic player in the Middle East, boasting one of the most dynamic and booming economies in the region. As a result, investor confidence is expected to remain high in the coming years. In 2023, investors will likely be looking to the UAE for great opportunities with the potential

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Investing in Real Estate in the UAE: What you need to know before making a move

Purchasing property in the United Arab Emirates is a great way to invest in the country’s real estate market, whether you’re looking to buy, rent, or develop a property. With a number of opportunities available in both the residential and commercial sectors, there is something to suit every need and budget. The UAE has a

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